How a Home Listings Shakeup Could Hit Zillow and Redfin

How a Home Listings Shakeup Could Hit Zillow and Redfin

Shares of real estate companies Redfin and Zillow Group fell on Wednesday after news of a potential shakeup in the home listings landscape. Redfin (ticker: RDFN) shares lost 8.5% to $5.66 at Wednesday’s close, while Zillow (Z) declined 5.3% to $42.25. Redfin fell as much as 10.02% intraday, while Zillow was down 7.75% during the trading session.